[CBSE] Q. 28 Issue of Debentures Solution TS Grewal Class 12 (2026-27)
Solution of Question number 28 of the Issue of Debentures Chapter of TS Grewal Book 2026-27 CBSE Board
Apoorv Ltd. acquired building worth 15,50,000, Machinery worth 11,40,000 and Furniture worth
1,10,000 from Dhruv Ltd. and took over its liabilities of 2,00,000 for a purchase consideration of
₹25,00,000. Apoorv Ltd. paid the purchase consideration by issuing 12% Debentures of 100 each at a
premium of 25%.
Pass the necessary Journal entries in the books of Apoorv Ltd. for the above transactions.
(CBSE 2025)
[Ans.: Capital Reserve- 1,00,000; Number of Debentures to be issued—20,000 Debentures.]
Solution:-
